Hogan Lovells advises Bureau Veritas on acquisition of Inspectorate
London 8 July 2010
Hogan Lovells has advised Bureau Veritas on its £450m acquisition of Inspectorate from Inspicio, majority owned by private equity firm 3i and funds managed by 3i.
Bureau Veritas is the world's second largest group in conformity assessment and certification services. The transaction is a major step forward in Bureau Veritas' development and places them among the top three globally for commodities testing and inspection.
The transaction, completion of which is subject to clearance from the relevant regulatory authorities, was announced on 22 June 2010 and is expected to complete during Q3 of 2010.
The Hogan Lovells team was led out of London by corporate partners John Cooper and Ben Higson, with assistance from Karima Fahmy (senior associate) and Shrina Shah, Victoria Ellison and Victoria Rodley (associates) for corporate matters; John Pheasant (partner) and Helen Bignall and Matt Giles (senior associates) for antitrust matters; Paul Joukador (partner) for commercial contracts matters; and Dan Screene (senior associate) for insurance matters; and assisted by members of the firm from other offices across the global network.
Hogan Lovells partner Ben Higson said:
"We are delighted to have advised our long-standing client Bureau Veritas on this important and potentially transformational international transaction. We have much enjoyed working with the legal and commercial teams at Bureau Veritas and look forward to working with them on future transactions. The transaction is one of many examples of our global offices and practices working together as one firm so as to achieve the best outcome for our client."
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